economy
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Saudi Riyal exchange rate against the Egyptian Pound in Egyptian banks today
Find out the current Saudi Riyal exchange rate against the Egyptian Pound at the Central Bank and Egyptian banks. Real-time updates on buying and selling rates and details…
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Al-Falih: Foreign investments will increase fivefold with Vision 2030
Minister of Investment Khalid Al-Falih announced that foreign direct investment in Saudi Arabia has increased fivefold since the launch of Vision 2030, confirming the Kingdom's progress…
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The IMF raises its growth forecast for the Saudi economy in 2025-2026
The International Monetary Fund has raised its growth forecasts for the Saudi economy for 2025 and 2026 for the third time, supported by increased oil production and a strong non-oil sector
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Faisal Al-Ibrahim: Long-term vision and flexibility are the pillars of development
At Davos 2026, Minister of Economy Faisal Al-Ibrahim emphasized the importance of balancing strategic vision with flexibility in implementation, highlighting the Kingdom's success in…
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Al-Jadaan: 93% of the Vision 2030 indicators will be achieved by 2026
Finance Minister Mohammed Al-Jadaan revealed at Davos 2026 that 93% of the Vision 2030 indicators have been achieved, with Saudi reserves growing by…
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Gold and silver hit record highs today
Precious metal prices have skyrocketed today, with gold surpassing $4,670 and silver nearing $94. Learn more…
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Europe suspends trade agreement with America due to Trump's threats
The European Union is preparing to suspend its trade agreement with Washington and activate its anti-coercive trade mechanism in response to Trump's threats to impose tariffs…
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Saudi House Pavilion at Davos 2026: 6 Pillars for Shaping the Future of the Economy
The Saudi House initiative will launch at Davos 2026 with an extensive program focusing on six strategic pillars. Learn more about the Kingdom's participation and its key features…
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Libya devalues the dinar by 14.7% to combat the parallel market
The Central Bank of Libya decided to devalue the dinar by 14.7% against Special Drawing Rights, officially setting the dollar at 6.36 dinars…
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France warns Trump of economic losses due to the Greenland crisis
France warns the United States of the repercussions of imposing tariffs on Europe over its refusal to sell Greenland, asserting that the escalation will harm farmers…
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